All of Jack Welch’s management tactics should be considered suspect now.
His performance at GE was 100% fueled by financial leveraging that blew up in 2009, basically killing the company. Nobody should be taking management lessons from this guy.
> Nobody should be taking management lessons from this guy.
Rank and yank is simply about lowering labor costs, once the business has achieved a significant moat and no longer needs to focus solely on growing revenues. A negotiating tool for the labor buyer, due to the continuous threat of termination.
